Categories: aggregated

Over 10 Cannabis Companies Closing Per Month in Massachusetts? – Low Wholesale Prices Wreak Havoc on Profitability

It’s important to note that not all of these businesses have completely shut down; some may have ceased operations in the adult-use market while still maintaining activity in the medical marijuana sector. Furthermore, the actual number of closures could be higher, as some cannabis companies might be exploring the option of selling their licenses rather than relinquishing them entirely.

Jason

Share
Published by
Jason

Recent Posts

New Jersey Is Kicking THC Drinks Out of Liquor Stores. High Tide Has a Plan.

New Jersey’s THC beverage market is heading into the most consequential stretch of its short…

21 minutes ago

One of the ‘Mormon Wives’ Chooses Cannabis: Here’s What the Church Actually Says

Mormon Wives star Mikayla Matthews says medical cannabis was “literally life-changing” for her nerve pain…

21 minutes ago

Chain vs. Indy: Which Dispensaries Do People Prefer?

Chains reorder every two weeks and earn twice the discounts. Independents stock the same breadth…

21 minutes ago

Canna Country #26 in Southern Humboldt: The Ocimene Queen of Canna Country Farms

We head to Canna Country Farms in Humboldt for Legendary Strains to discover the Ocimene…

21 minutes ago

The Sky Didn’t Fall: What a Decade of Legalization Actually Taught Us

Cannabis advocates should take the lesson here too. The industry doesn't need to inflate its…

21 minutes ago

Twenty Brazilian Cannabis Patient Associations Are Meeting Inside a Free Arts Fair in Fortaleza

Twenty patient associations from across northeastern Brazil are meeting in Fortaleza this month, inside a…

1 day ago